Product Name :    STANDARD SONALI FASAL (CROPS) (Code- L29)
Purpose of Investment :    Financing the Farmers for timely cultivation of almost all types of crops (Season wise)
Investment Limit without collateral security :    Maximum 5.00 Lac
Investment Limit with collateral security :    As per production cost.
Investment Limit per acre :    As per Bangladesh Bank Policy Guide Line.
Tenure :    As per crops production calendar & Investment repayment index of Bangladesh Bank Agricultural & Rural Credit Policy & Programme.
Rate of Interest :    11% (Subject to change by Bangladesh Bank)
Service charges/ Fees for the facility :    N/A

Security :   
     DP Note
     Letter of hypothecation.
     Guarantee bond of the spouse of the borrower & other acceptable third party.
     Post dated cheque.
     Collateral security (Where applicable).
     Other usual Charge documents.

Documentation :
     Party application
     National ID
     Passport size color photograph.
     Farmer’s card/ UP Chairman certificate favoring farmer.
     Guarantor’s information & their consent.
     Production plan duly sign by the Upazila Agriculture Officer.
     Credit report/Confidential Opinion from Local Lead Bank.
     CIB Report for Limit above Tk. 1.50 Lac.
     Documents related to collateral security (If applicable)
     Others related documents.